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Shoper S.A (SHO) Fair Value & Analysis

Technology · PL · Market cap 1.2B PLN

SS Shoper S.A SHO · WAR
Price40.40 PLN
Fair Value30.63 PLN
Upside-24.2%
Quality95/100
Evidence: High Range 22.97 PLN – 76.55 PLN

Fair value as of: Jun 24, 2026

From 26 valuation models · updated 5 days ago

Fair value updated Jun 24, 2026 — revised from 53.22 PLN to 30.63 PLN (−42.4%) since Jun 23, 2026. Share price −5.6% over the past month.

Price vs Fair Value (12 months)

57.89 PLN 38.19 PLN Fair Value 30.63 PLN Jun 2025 Jun 2026

12‑month range 38.19 PLN – 57.89 PLN · fair‑value band 22.97 PLN – 76.55 PLN · the 40.40 PLN price screens above the 30.63 PLN fair value. As of Jun 24, 2026.

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Analysis

Shoper S.A (SHO) currently trades at 40.40 PLN, while our model-based Fair Value estimate is 30.63 PLN — implying the stock looks roughly 24.2% overvalued today. We read business quality at 95/100 (high quality), in the Technology sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, Shoper S.A generated revenue of 218M PLN at a net margin of 19.8%. Revenue grew 9.1% year over year. It earns a return on equity of 52.8%. The balance sheet holds a net cash position of 18.7M PLN. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) 218M PLN
Revenue growth (YoY) +9.1%
Net margin 19.8%
Return on equity 52.8%
Free cash flow 60.3M PLN FY2025
P/E ratio 25.9
More key figures
Operating margin -7.0%
EPS (TTM) 1.62 PLN
EPS growth (YoY) +33.3%
Net cash 18.7M PLN FY2024

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

Shoper S.A. provides software as a service solution for e-commerce in Poland. The company offers marketing and advertising services, positioning services, subscription-based services, payment and ERP systems, financial services, and logistics services. It also provides Shoper payment, campaigns, and apps. Shoper S.A. was founded in 2005 and is based in Kraków, Poland.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Shoper S.A reported revenue of 218M PLN in FY2025 versus 80.2M PLN in FY2021, a compound +28.4%/yr. Reported net income was 43.1M PLN in FY2025, compounding +14.2%/yr from FY2021.

Revenue +28.4%/yr
FY21 80.2M PLN
FY22 123M PLN
FY23 153M PLN
FY24 193M PLN
FY25 218M PLN
Net income +14.2%/yr
FY21 25.3M PLN
FY22 18.1M PLN
FY23 26.3M PLN
FY24 37.5M PLN
FY25 43.1M PLN

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Similar stocks

6 more Software - Application stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

Stock Price Fair Value vs Fair Value
SAP SE SAPP34 R$949.05 R$674.65 -29%
Salesforce, Inc CRM $170.92 $178.06 +4%
Uber Technologies, Inc UBER $71.43 $103.49 +45%
Shopify Inc SHOP $109.54 $30.42 -72%
ServiceNow, Inc NOW $127.65 $35.40 -72%
Cadence Design Systems, Inc CDNS $389.04 $80.41 -79%

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Frequently asked questions

Is Shoper S.A (SHO) undervalued?
As of Jun 24, 2026, our model estimates a fair value of 30.63 PLN versus a price of 40.40 PLN — about −24% (overvalued). Model-based estimate, not financial advice.
What is the fair value of SHO?
Our 21-model fair value for Shoper S.A is 30.63 PLN (as of Jun 24, 2026), built from audited fundamentals. The current price is 40.40 PLN.
What is the quality score of SHO?
Shoper S.A has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Shoper S.A (SHO)?
Shoper S.A reported trailing-twelve-month revenue of about 218M PLN (latest available figure, as of Jun 24, 2026).
What is the net profit margin of SHO?
The net profit margin of Shoper S.A is about 19.8%, meaning it keeps roughly 19.8% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.